MARKET UPDATE – AUGUST 2020

Valley Real Estate Sales Rebound in June

While total unit sales are still down year-over-year (YOY) in June when compared with 2019, they have rebounded from their drastic reduction in May this year.  If you remember. total unit sales in the Phoenix Metro area were down by 34% fro May 2019!  June 2020 saw only a 3% increase in unit sales YOY.  

The low amount of inventory, combined with current low interest rates, continue to drive home prices higher and higher in the Phoenix Metro area.  The East Valley saw the least price growth that month with a nearly 13% price increase YOY.

Are you thinking about upsizing, downsizing, or getting the exact amending you need ?  Whatever the reason, because home prices are so high, NOW is the perfect time to consider selling your home.  We can assist you!  We help our clients with everything from staging and marketing homes for sale – to reommending contractors and lenders to negotiating TOP DOLLAR for our clients’ homes. 

Lets start today!  Contact us for a FREE COMPARATIVE MARKET ANAYLSIS.  We will let you know what your home is with in your local real estate market. 

Allison Fox

Allison Fox

MARKET UPDATE – JULY 2020

In May 2020, the median home price in the East Valley increased by 8% year-over-year (YOY).  West Valley home prices increased by 9% YOY for the same period.  Due to the high demand and low inventory of single-family homes and condominiums, the housing market in these areas remains a STRONG SELLERS MARKET.  

Unfortunately for Scottsdale, the vacation Mecca took a small hit in May with a 2% decrease YOY in home prices. 

Overall, total unit sales in the Phoenix Metropolitan Area were down by 34% from May 2019.  A prime consideration for the drop in sales YOY is public concern about COVID-19.  

We will continue to keep you updated on how current health and economic concerns are impacting home sales in Arizona. 

Are you interested in selling your home? Do you want to know a little bit more about the selling process in Arizona?   Contact us today for a FREE SELLER GUIDEBOOK.

Allison Fox

Allison Fox

MARKET UPDATE – JANUARY 2020

Home values in Phoenix continue to escalate!  Home prices increased  an average of over 8.5% between November 2018 and November 2019 with Southeast Valley homes experiencing over a 10% increase in value in that same time frame.  This trend is not slowing. If you’re interested  in taking advantage of current home price trends by selling your property or investing in an income property, contact us today!

Tony Dalpiaz

Tony Dalpiaz

WELCOME TO OUR NEIGHBORHOOD!

WELCOME TO OUR NEIGHBORHOOD!

We live here, we work here, we love it!  Those are a just a few of the many reasons that we choose to be connected in our neighborhood.  We hope to help you feel welcome and show you many of the great things that our community has to offer.  

Visit here anytime to learn about local businesses, activities, and just to feel connected to some of the people and faces you may see around.  This is our credits section. Where all the great things really come together. The best neighbor, Mr. Rogers, once said, “We all have different gifts so we all have different ways of telling the world who we are.”  We would love to hear about what matters most to you so make sure to reach out and connect with us. 

We are a local boutique brokerage.  That guides us in our mission to help local businesses and people thrive.  We love to shop local, support local, and be local! You will see us out and about and we will share with you our experiences as we connect locally and find some of the best offerings.

Mr. Rogers also said, “I have really never considered myself a TV star. I always thought I was a neighbor who just came in for a visit.”  We feel that way as a local business too, in our great neighborhood, so it is our goal and responsibility to give back, be engaged and make sure you feel that way too. 

“Won’t you be our neighbor?”

Welcome To Our Neighborhood

Welcome To Our Neighborhood

08/23/2019 | MeriAnn Boxall